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Thursday, January 1, 2015

December side hustles 2014 and year end summary

Happy
New Year!

The great thing about
doing side hustles to generate extra income is that you can hustle on your own
terms.The more hard work, time, and
creative effort you put in, the more extra money you can make.You can hustle as little or as much as you
want, whenever you want.It’s your extra
money, and you can choose how you want to spend it.Not all of the following side hustles may be applicable to you.Instead of focusing on what ideas don’t apply
to you, try focusing on different side hustle ideas that you can implement to
work for your situation.

Here’s our monthly
summary of side income that we’ve generated in the month of December.

Award Travel

On
21.1, we redeemed 21,618 Chase Ultimate Rewards points and $11.20 for 2
one-way tickets from Orange County to Portland to visit my wife’s family for
Christmas.2 tickets paid with cash
would have cost $378.After
paying $11.20 in fees, we saved $366.80 on these tickets.

On
12.2, we redeemed 14,521 Chase points for 1 one-way ticket from Portland
back to Orange County.The cash price
for each ticket was $246.After paying
$5.60 in fees, we saved $240.40 on this ticket.We didn’t have enough points at the time of
booking to pay for both of our tickets.

Cash Back

On 12.1, I received $18.77 PayPal deposit from Mr. Rebates
shopping portal

On 12.2, I received $25 cash back from my Barclaycard
Arrival Plus credit card

We earned $31
worth of Amazon gift certificates from Search and Win sites

We earned $21 in
cash from paid surveys

I earned $275 from
my side job teaching students

We earned $600
from rental income from our two housemates

We earned a $100 Home
Depot gift card as a promotion

All of this totals $2,012.64
from our side hustles for the month of December.Not
a bad way to end the year

2014 side hustles total

I have now documented one
complete year of side hustles, starting with my first post here. How did we do? Adding up all of our monthly side hustle
income, we earned a total of $28,663.42 on
the side for the 2014 year! This was
made up of cash, Amazon gift cards (good as cash), and conservatively estimated
savings on travel expenses (Our first class flight costs were not included
since we would never buy a first class ticket with cash).

Despite living frugally, side hustle money continues to help us live
a rich life.With a
baby on the way, we’re going to try to get more creative with our side hustles
in the year 2015.Are you content with
just getting paid every 2 weeks?